10.9% Cap/Bar & Restaurant/9 Hole Golf Course

Wittenberg, WI (Shawano County)

10.9% Cap/Bar & Restaurant/9 Hole Golf Course
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Asking Price: $849,000

Cash Flow: $92,521

Gross Revenue: $470,072

EBITDA: $92,521

FF&E: $300,000

Inventory: $6,000

Real Estate: $600,000

Established: 1967

10.9% Cap/Bar & Restaurant/9 Hole Golf Course

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Business Description

Well maintained 9-Hole Golf Course recently reduced for quick sale!

Several improvements have been made on this fully equipped 87 acre golf course. Property has 3000 + / - yards with a par of 36. Also included are a Clubhouse, Restaurant and Bar with amenities (TV's, fully equipped kitchen and more)

Cart paths are made of asphalt and 27 golf carts all new. A cart storage included with a capacity of 60.

This is the ONLY Golf Course in the area with many motels and hotels only a short drive away. Ho Chunk casino is just a few minutes away!

Property is placed perfectly in the rolling hillsides in Wittenberg, WI

Attached Documents


Detailed Information

Location:
Wittenberg, WI
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,921
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All Carts/ Equipment maintained to perfection Gaming License (5 Machines ) Full Bar / Banquet Facilities / Resturaunt with amenities (TV's, fully equipped kitchen and more)
Competition:
This is the ONLY Golf Course in the area with many motels and hotels only a short drive away. Ho Chunk casino is just a few minutes away!
Growth & Expansion:
Irrigation could supply 18 holes
Support & Training:
SBA LENDER APPROVED ( To Qualified Buyers )
Reason for Selling:
Owner is retiring
Franchise:
This business is an established franchise
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Contact the Seller

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Eddy Dingman

Business Listed By:
Eddy A. Dingman

Coldwell Banker Commercial NRT National Golf and Marina Properties

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